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In the blink of an eye, another new year is here, and it is a great time to get your business ready for a successful year. Taking the time to review some of your existing processes, implement some new best practices and throw out some old bad habits doesn’t need to cost the earth or take up too much time.
To help you get started we’ve compiled some of the key areas of your business to focus on and how you can achieve your best year of business!
Whether your business has 5 or 35 employees, as a small business owner there are a few effective ways to ensure your team is on the same page and prepared to tackle the year ahead. A good place to start is by communicating what goals your business is aiming to achieve, and what everyone needs to do to make it happen!
Having a motivated team is always a good start, but the real challenge can be keeping that motivational fire burning all year round. These are some tried and tested steps which can help:
When it comes to marketing, the internet is your best friend with thousands of free marketing tools ready at your fingertips. It can feel overwhelming with many channels and resources available, so we’ve done some surfing through the pages and found these golden tips to help boost your marketing efforts:
A central area of your business is your finances, and with an efficient system in place, you can take away the stress that can come with balancing the books. If you have some downtime, check that your files are in order (you’ll be thanking yourself come tax time) and all financial policies and procedures your business may have are all updated. A few other ways you can keep your finances in order include:
For more information download a free small business finance checklist here.
There’s no doubt, your small business relies on technology to get the job done – from accounting software to customer databases, managing your social media accounts and everything in between. In the ever-changing and growing online world, it’s important for your business to keep up to speed by:
One of the most important elements to keeping your business safe is having the right business insurance policies in place to protect it from unexpected risks. Reviewing your insurance is an opportunity to make sure you are not under or over insuring and that you’re covering your business for the things that matter.
Not sure where to start? Download our Business Insurance Checklist for Small Businesses here, or assistance from one of our friendly business insurance specialists is only a phone call away. They can help put you on the right path when it comes to sorting out your business insurance.
A few small changes to your small business can have a big impact. It’s all about working smarter, not harder, so go on, kickstart your business to a productive and successful new year!